Israel has sold record amount of debt in US since war on Gaza erupted: Report

Israel has sold a record amount of debt in the US since its war on Gaza erupted on 7 October 2023, according to a report by Bloomberg on Friday.

The government of Israel’s US-based bond broker, Israel Bonds, says it has sold $5bn worth of debt in the last twenty months. The level of bond issuance is more than double that raised by Israel Bonds, in similar time periods previously.

According to the group, local US governments at the state and county level are big buyers in places like New York, Texas, Ohio, and Illinois.